Pick Wave if you want invoicing, accounting, and payments for small businesses. Pick Lemon Squeezy if payments, tax, and subscriptions for software matters more. On price: Wave is free tier · paid plans available, Lemon Squeezy is 5% + payment fees.
| What it is | Invoicing, accounting, and payments for small businesses | Payments, tax, and subscriptions for software. |
| Pricing | Free tier · Paid plans available | 5% + payment fees |
| Key capabilities | Free accounting and invoicing with income/expense tracking and financial reports · Accept credit card, bank transfer, and Apple Pay directly from invoices · Tag transactions by project to see which work is actually profitable | Merchant of record — handles global tax · Subscriptions and one-time sales · License keys for software |
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Wave is an all-in-one financial management platform built for small business owners, freelancers, and contractors. It combines accounting, invoicing, online payments, receipt scanning, and payroll in a single system. The platform is known for its free core accounting and invoicing tools, with paid add-ons for payroll and a Pro plan for additional features.
Full listing & receipts →Lemon Squeezy is a merchant of record that handles payments, global tax compliance, subscriptions, and licensing for digital products and SaaS — so you don't have to.
Full listing & receipts →